IRIS Accounts Production v23.3.1.45 05908498 Board of Directors 1.9.22 31.8.23 31.8.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh059084982022-08-31059084982023-08-31059084982022-09-012023-08-31059084982021-08-31059084982021-09-012022-08-31059084982022-08-3105908498ns10:Originalns15:EnglandWales2022-09-012023-08-3105908498ns14:PoundSterlingns10:Original2022-09-012023-08-3105908498ns10:Originalns10:Director12022-09-012023-08-3105908498ns10:Original2022-09-012023-08-3105908498ns10:Original2023-08-3105908498ns10:Originalns10:PrivateLimitedCompanyLtd2022-09-012023-08-3105908498ns10:Originalns10:SmallEntities2022-09-012023-08-3105908498ns10:Originalns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3105908498ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3105908498ns10:SmallCompaniesRegimeForAccountsns10:Original2022-09-012023-08-3105908498ns10:Originalns10:FullAccounts2022-09-012023-08-3105908498ns10:Original2022-08-3105908498ns10:Originalns5:CurrentFinancialInstruments2023-08-3105908498ns10:Originalns5:CurrentFinancialInstruments2022-08-3105908498ns10:Originalns5:Non-currentFinancialInstruments2023-08-3105908498ns10:Originalns5:Non-currentFinancialInstruments2022-08-3105908498ns5:ShareCapitalns10:Original2023-08-3105908498ns5:ShareCapitalns10:Original2022-08-3105908498ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-08-3105908498ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-08-3105908498ns10:Originalns10:RegisteredOffice2022-09-012023-08-3105908498ns10:Originalns5:PlantMachinery2022-09-012023-08-3105908498ns10:Originalns5:FurnitureFittings2022-09-012023-08-3105908498ns10:Originalns5:MotorVehicles2022-09-012023-08-3105908498ns10:Originalns5:ComputerEquipment2022-09-012023-08-3105908498ns10:Original2021-09-012022-08-3105908498ns10:Originalns5:PlantMachinery2022-08-3105908498ns10:Originalns5:FurnitureFittings2022-08-3105908498ns10:Originalns5:MotorVehicles2022-08-3105908498ns10:Originalns5:ComputerEquipment2022-08-3105908498ns10:Original2022-08-3105908498ns10:Originalns5:PlantMachinery2023-08-3105908498ns10:Originalns5:FurnitureFittings2023-08-3105908498ns10:Originalns5:MotorVehicles2023-08-3105908498ns10:Originalns5:ComputerEquipment2023-08-3105908498ns10:Originalns5:PlantMachinery2022-08-3105908498ns10:Originalns5:FurnitureFittings2022-08-3105908498ns10:Originalns5:MotorVehicles2022-08-3105908498ns10:Originalns5:ComputerEquipment2022-08-3105908498ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3105908498ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3105908498ns10:Originalns10:Director22022-09-012023-08-3105908498ns10:Originalns10:Director222022-08-3105908498ns10:Originalns10:Director222021-08-3105908498ns10:Originalns10:Director222022-09-012023-08-3105908498ns10:Originalns10:Director222021-09-012022-08-3105908498ns10:Originalns10:Director222023-08-3105908498ns10:Originalns10:Director222022-08-31
REGISTERED NUMBER: 05908498 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 August 2023

for

Xen Courier Limited

Xen Courier Limited (Registered number: 05908498)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


Xen Courier Limited (Registered number: 05908498)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 13,492 19,083

CURRENT ASSETS
Debtors 5 76,356 84,785
Cash at bank 101,500 104,108
177,856 188,893
CREDITORS
Amounts falling due within one year 6 (63,251 ) (73,850 )
NET CURRENT ASSETS 114,605 115,043
TOTAL ASSETS LESS CURRENT LIABILITIES 128,097 134,126

CREDITORS
Amounts falling due after more than one
year

7

(18,046

)

(28,064

)

PROVISIONS FOR LIABILITIES (2,637 ) (3,626 )
NET ASSETS 107,414 102,436

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 107,412 102,434
107,414 102,436

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Xen Courier Limited (Registered number: 05908498)

Balance Sheet - continued
31 August 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 January 2024 and were signed on its behalf by:





Mr S F Colling - Director


Xen Courier Limited (Registered number: 05908498)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Xen Courier Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05908498

Registered office: 18-20 Grosvenor Street
Manchester
M1 7JJ

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 33% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer software - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Xen Courier Limited (Registered number: 05908498)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Office and Motor Computer
equipment fittings vehicles software Totals
£    £    £    £    £   
COST
At 1 September 2022
and 31 August 2023 233 7,326 32,424 2,950 42,933
DEPRECIATION
At 1 September 2022 155 6,651 15,079 1,965 23,850
Charge for year 78 169 4,359 985 5,591
At 31 August 2023 233 6,820 19,438 2,950 29,441
NET BOOK VALUE
At 31 August 2023 - 506 12,986 - 13,492
At 31 August 2022 78 675 17,345 985 19,083

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 53,511 62,436
Other debtors 22,845 22,349
76,356 84,785

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 10,064 9,809
Trade creditors 3,126 4,786
Taxation and social security 44,662 52,572
Other creditors 5,399 6,683
63,251 73,850

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans 18,046 28,064

Xen Courier Limited (Registered number: 05908498)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2023 and 31 August 2022:

31.8.23 31.8.22
£    £   
Mr M Potter
Balance outstanding at start of year - -
Amounts advanced 170 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 170 -